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Fitbit Inc (FIT.N)

FIT.N on New York Stock Exchange

6.82USD
14 Dec 2017
Change (% chg)

$-0.20 (-2.85%)
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Latest Key Developments (Source: Significant Developments)

Fitbit Inc reports Q3 GAAP loss per share $0.48
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Fitbit Inc :Fitbit reports third quarter results.Sees q4 2017 non-GAAP loss per share $0.03 to $+0.01.Sees fy 2017 non-GAAP loss per share $0.23 to $0.27.Q3 GAAP loss per share $0.48.Sees q4 2017 revenue $570 million to $600 million.Sees fy 2017 revenue $1.615 billion to $1.645 billion.Q3 revenue $393 million versus I/B/E/S view $391.7 million.Q3 non-GAAP loss per share $0.01.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $-0.04, revenue view $583.7 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $-0.32, revenue view $1.62 billion -- Thomson Reuters I/B/E/S.Fitbit Inc - ‍sold 3.6 million devices in quarter, up 7% sequentially from q2 of 2017​.  Full Article

Visa enables on the go payments with the new Fitbit Ionic
Monday, 28 Aug 2017 09:10am EDT 

Aug 28 (Reuters) - Fitbit Inc :Visa inc- ‍enabling visa payments on fitbit's smartwatch fitbit ionic​.Visa inc- ‍cardholders of participating banks will be able to make payments with fitbit pay, fitbit's new payment function, when available​.  Full Article

Fitbit announces new premium guidance and coaching offering based on your data
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Fitbit Inc -:Fitbit announces new premium guidance and coaching offering based on your data.Fitbit- ‍new coaching services to launch with fitbit coach personal training app, available on android, IOS, and windows devices in fall 2017; introductory pricing of $7.99/month or $39.99/year​.  Full Article

Fitbit saya ‍Aria 2 is available for presale today on fitbit.com
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Fitbit Inc -:Fitbit Inc - ‍aria 2 is available for presale today on fitbit.com, with availability starting in fall 2017​.  Full Article

Fitbit says ‍Flyer is available for presale
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Fitbit Inc -:Fitbit Inc - ‍Flyer is available for presale today with retail availability in october 2017​.  Full Article

Fitbit ‍launches smartwatch ionic partnering with Adidas
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Adidas Ag -:Fitbit Inc- ‍launches smartwatch ionic; partnering with adidas to deliver fitbit ionic special edition and training programs​.Fitbit Inc - ‍Fitbit app software development kit (sdk) will be open to developers in september 2017​.  Full Article

Fitbit CEO says launch of smartwatch is on track and will be available for the holiday season - conf call
Wednesday, 2 Aug 2017 06:43pm EDT 

Aug 2 (Reuters) - Fitbit Inc ::CEO says launch of smartwatch is on track and will be available for the holiday season - conf call.  Full Article

Fitbit Q2 loss per share $0.25
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - Fitbit Inc :Fitbit reports $353m in revenue, sells 3.4m devices in Q2’17, up 14% sequentially.Sees Q3 2017 non-GAAP loss per share $0.02 to $0.05.Sees FY 2017 non-GAAP loss per share $0.22 to $0.40.Q2 gaap loss per share $0.25.Sees Q3 2017 revenue $380 million to $400 million.Sees FY 2017 revenue $1.55 billion to $1.7 billion.Q2 revenue $353 million versus I/B/E/S view $341.6 million.Q2 non-GAAP loss per share $0.08.Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $-0.35, revenue view $1.61 billion -- Thomson Reuters I/B/E/S.Sees Q3 non-GAAP net loss per share in range of $0.05 to $0.02.Q3 earnings per share view $-0.05, revenue view $393.1 million -- Thomson Reuters I/B/E/S.  Full Article

Fitbit sees Q2 2017 non-GAAP loss per share $0.14-$0.17
Wednesday, 3 May 2017 04:05pm EDT 

May 3 (Reuters) - Fitbit Inc ::Fitbit reports $299m in revenue, sells 3m devices in q1 ‘17, reaffirms FY17 guidance.Fitbit Inc - qtrly non-GAAP net loss per share of $0.15.Q2 earnings per share view $-0.11, revenue view $350.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $-0.35, revenue view $1.58 billion -- Thomson Reuters I/B/E/S.Sees Q2 2017 non-GAAP loss per share $0.14 to $0.17.Sees FY 2017 non-GAAP loss per share $0.22 to $0.44.Q1 GAAP loss per share $0.27.Sees q2 2017 revenue $330 million to $350 million.Sees fy 2017 revenue $1.5 billion to $1.7 billion.Q1 revenue $299 million versus I/B/E/S view $280.8 million.Q1 earnings per share view $-0.18 -- Thomson Reuters I/B/E/S.  Full Article

Fitbit announces changes to leadership team
Monday, 6 Mar 2017 05:15pm EST 

Fitbit Inc : Fitbit announces changes to leadership team . Company takes additional steps towards creating a more focused and efficient operating model . Fitbit Inc - company has promoted vice president of engineering, Samir Kapoor, to senior vice president of device engineering . Fitbit - departure of two executives by end of month: woody scal, chief business officer, and Tim Roberts, executive vice president, interactive . Fitbit Inc - efforts to reorganize its business to "reignite growth and return to profitability" . Fitbit will formally align around two areas of focus: consumer health and fitness and enterprise health . Says consumer health and fitness will focus on delivering a streamlined set of health and fitness devices, entering new markets .Fitbit - enterprise health to expand on company's "early successes" in working with insurance companies, employers, health systems, healthcare partners.  Full Article

Virginia man charged with Fitbit stock hoax pleads guilty

NEW YORK A Virginia man accused by U.S. prosecutors of driving up the price of Fitbit Inc stock by orchestrating a hoax takeover bid, making about $3,000 in profit, pleaded guilty to securities fraud on Tuesday.